At LRK we are focused on delivering superior returns to shareholders via fulfilling the promise of the Lark brand and Tasmanian Whisky. Our geographic focus is primarily Tasmania and Australia, our route to market is via traditional off premise retailers and on premise bars, and via our highly successful direct to consumer business (hospitality and online e-commerce) and our primary focus is Whisky and the Lark brand (and we also have Forty Spotted Gin).
Today our market capitalisation sits at approximately $268m, that's 4.5 times where it was last year. We have over 1.093m lites under maturation and expect that to be in excess of 1.8m litres by the end of FY22. We're on track to double net sales again in F22 while improving gross margin, net profit and cashflow. While whisky can be serious business, we toast to our many partners who support our endeavours and thank our loyal shareholders for their support. Grab a glass and toast with us.
Lark Distilling Co. aims to meet the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, which are reviewed annually and approved by the Board.
The Lark Distilling Co. Board recognises that good corporate governance is vital in meeting shareholder, regulator and community expectations and is an important contributor to the company’s success.
